Active investing in Europe [Quarterly Perspectives]Contributor Global Markets Insights Strategy Team
At the start of the year we saw five reasons for better growth in the eurozone: the fading impact of austerity, slow but steady reform, an improving credit cycle, a European Central Bank (ECB) willing to act, and a weaker euro. A few months later, economic momentum looks to be building in the region and the case for investing in Europe has solidified. However, economic growth remains uneven and many European equity markets have already performed very strongly this year. With a chance of pullback, investors should consider prioritising pockets of expansion and taking advantage of active managers who can find attractive investment opportunities.
Our unconstrained Europe Dynamic (ex-UK) Fund invests in attractive value, quality and momentum stocks, which have driven long-term stock market returns.
This is one of the few investment trusts to focus on the European smaller companies market – allowing investors to share in the growth potential of an exciting asset class through a disciplined investment strategy managed by an experienced and longstanding team.
Please be aware that this material is for information purposes only. Any forecasts, figures, opinions, statements of financial market trends or investment techniques and strategies expressed are, unless otherwise stated, J.P. Morgan Asset Management’s own at the date of this document. They are considered to be reliable at the time of writing, may not necessarily be all-inclusive and are not guaranteed as to accuracy. They may be subject to change without reference or notification to you. JPMorgan Asset Management Marketing Limited accepts no legal responsibility or liability for any matter or opinion expressed in this material.
The value of investments and the income from them can fall as well as rise and investors may not get back the full amount invested. Past performance is not a guide to the future.